Developments > Schoolhouse Kenilworth Williams
Using MHIC’s LIHTC investment, the two buildings that comprise this project – one on Kenilworth Street and the other on Williams Street -- were acquired by the sponsors from HUD in 2008. Both buildings have since been completely rehabilitated to provide 37 units of Section 8 subsidized housing and one market rate unit. The project was financed through the sale of taxable bonds. It also received state and federal historic tax credits.
Schoolhouse Kenilworth Williams
Project at a Glance:
Location:
Boston
Development Type:
Rental,Senior Housing
Project Type:
Rehabilitation of historic school and industrial building
MHIC Financing:
$6,459,989 in LIHTC financing
Sponsor:
EAF Associates LLC
Number of Units:
38
Using MHIC’s LIHTC investment, the two buildings that comprise this project – one on Kenilworth Street and the other on Williams Street -- were acquired by the sponsors from HUD in 2008. Both buildings have since been completely rehabilitated to provide 37 units of Section 8 subsidized housing and one market rate unit. The project was financed through the sale of taxable bonds. It also received state and federal historic tax credits.